May 14, 2021

CDB to assist region deal with de-risking of banks

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From Jamaica Observer BRIDGETOWN, Barbados (CMC) — The Barbados-based Caribbean Development Bank (CDB) said it is providing US$250,000 to strengthen financial transparency, and assist in preventing the loss of correspondent banking relationships (CBRs) in the region. It noted that in the Caribbean, CBRs facilitate a number of payment systems, including international trade, cross-border payments and […]

IDB study sheds light on financial behavior of Latin American and Caribbean

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FromCaribbean360 The study, “Economic Status and Remittance Behavior among Latin American and Caribbean Migrants in the Post-Recession Period,” was commissioned by the MIF and carried out by the Inter-American Dialogue. WASHINGTON D.C., United States, CMC – A new study by the Inter-American Development Bank’s (IDB) Multilateral Investment Fund (MIF) and the Inter-American Dialogue has shed […]

$5.3M ‘Social Impact Bond’ Fund for Latin America launches

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From Forbes Social Impact Bonds are coming to Latin America and the Caribbean Following the lead of the U.K. , the U.S., and other places, the Inter-American Development Bank (IADB), which provides development financing for Latin America and the Caribbean, recently announced that its Multilateral Investment Fund (MIF) is testing out the new approach with […]